Glossary Term:

Kondratiev Waves

noun \ˈkän-ˈdra-ˈtē-ev wāvz\
1. The biggest waves crashing ashore at Playa Rosada just over the hill from the clubhouse at Rancho Santana. 2. Nikolai Kondratiev is also a dead economist whose Long Waves are considered a reliable forecasting tool by some (mostly broke) commodities investors. Nikolai had the distinct honor of being executed by Josef Stalin in 1938. (See also K-Waves: A Blueprint for Investors.)